Company News

Tata Sons likely to stay upper-layer NBFC under new norms, say experts

Only way out for the CIC is to get de-registered as an NBFC

Nadir Godrej to retire in August; Pirojsha Godrej to succeed as chairman

Nadir Godrej will retire as chairman of Godrej Industries Group in August, with Pirojsha Godrej set to take over as chairperson amid broader leadership changes

SharkNinja enters India, eyes local production under Make in India

US-based appliance maker SharkNinja has entered India with select products and plans local manufacturing, aiming to tap growing demand across online and offline channels

UltraTech retires Sankar, Coromandel, Raasi in brand integration drive

UltraTech Cement has phased out legacy South Indian brands Sankar, Coromandel, and Raasi after acquiring India Cements, as part of a strategy to unify branding and improve quality

Sloan bets on Essel Bath Fittings to expand India manufacturing footprint

Sloan has invested in Essel Bath Fittings to strengthen its India presence, expand manufacturing and tap rising demand for water-efficient plumbing solutions

Ola Electric unveils S1 X+ amid market share pressure, rival gains

Ola Electric has launched the S1 X+ scooter with a 5.2 kWh battery, aiming to expand reach in the mass market amid declining market share and rising competition

Zero tolerance on coercion, misconduct: Tata Sons chairman Chandrasekaran

Tata Sons chairman N Chandrasekaran reaffirmed a zero-tolerance policy on misconduct after sexual harassment allegations at TCS Nashik, with action initiated

SpiceJet seeks relief from ₹144.5 crore deposit in Maran dispute case

SpiceJet has sought urgent relief from a court order to deposit Rs 144.5 crore in its dispute with the Marans, warning it could disrupt operations and hurt revival efforts

BharatPe founder Nakrani steps back from operations, to advisory role

BharatPe founder Shashvat Nakrani will step back from day-to-day operations from May 1, transitioning to a strategic advisor role while retaining board position

Cashfree Payments appoints Sameer Gandhi as CFO to strengthen operations

Sameer Gandhi will oversee financial strategy, operations and revenue planning at Cashfree Payments as the fintech firm sharpens focus on growth and profitability

RMZ plans $35 bn investment, eyes IPO to fund AI, data centre push

Co-location data centres allow customers to house their own servers, with the operators ‌providing power, cooling, security and network connectivity

Pi Data Centers to launch Mumbai facility, partners JLL for India expansion

Pi Data Centers will launch its first Mumbai facility by August 2026 and partner with JLL to support a 23 MW expansion, amid rising demand for AI-ready infrastructure across India

Goldman Sachs profit jumps 18% on strong dealmaking, equities trading

Global markets have been roiled by the Iran war as rising crude oil prices fan inflation fears and exacerbate worries about a recession

SP Group seeks investor nod to extend Goswami Infratech debt maturity

The ‌proposal aims to extend the maturity of high-yield notes that are currently set to mature on April 30

FruBon parent Dev Milk Foods gets funding from Fireside Ventures, investors

Dev Milk Foods, in a release, said the investment marks a significant milestone in the growth journey as the company continues to strengthen its presence in the ice cream and value-added dairy segment

Aster DM Healthcare expands Whitefield Hospital capacity, invests ₹96 cr

With this expansion, Aster Whitefield's bed capacity will increase from 380 to 539 beds, the company said

Humyn Labs commits $20 mn to scale human intelligence layer for Physical AI

Humyn Labs will deploy $20 million to expand human data collection and voice capabilities across global markets, supporting next-generation AI models and robotics systems

TCS' FY27 starts with 25,000 fresher offers, the lowest since FY20

TCS rolls out 25,000 fresher offers for FY27, its slowest start in years, as AI-led skill gaps and cautious hiring reshape campus recruitment trends

AI deal pricing to move towards outcome-based structures: TCS CFO

AI deals will gradually shift pricing toward outcome-based models as enterprises move from pilots to execution and demand measurable results, says Seksaria

Electric 2-wheeler maker Ather to cut aluminium content to ease costs

Ather plans to reduce aluminium content in scooters to cut costs and improve margins, with up to 15 per cent savings expected on its upcoming EL platform